Cancellation and Destruction. The Registrar shall cancel and destroy each mutilated or defaced Note Certificate surrendered to it and in respect of which a replacement has been delivered.
Appears in 11 contracts
Samples: Paying Agency and Agent Bank Agreement, Paying Agency and Agent Bank Agreement, Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)
Cancellation and Destruction. The Registrar shall cancel and destroy each mutilated or defaced Note (other than the Class S VFN) or Residual Certificate surrendered to it and in respect of which a replacement has been delivereddelivered and the Registrar shall, in addition, as promptly as is practicable, enter such details on the Register.
Appears in 3 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
Cancellation and Destruction. The Each Registrar shall cancel and destroy each mutilated or defaced Note Certificate surrendered to it and in respect of which a replacement has been delivered.
Appears in 1 contract
Samples: Agency Agreement (Turquoise Receivables Trustee LTD)